NEW CONSTRUCTION
$5K PRICE INCREASE
2531 Smith Ridge Rd Memphis, TN 38127
Frayser NeighborhoodEstimated payment $1,119/month
Total Views
1,111
4
Beds
2
Baths
1,400-1,599
Sq Ft
$106
Price per Sq Ft
Highlights
- Some Wood Windows
- Patio
- Kitchen Island
- Walk-In Closet
- Laundry Room
- Central Heating and Cooling System
About This Home
Beautiful, brand new construction home. Currently under construction. Photos are of the model for this floorplan. Great for Turn Key Rental Investment, double digit returns. Fast growing rental neighborhood, perfect for 1031 exchanges or to add a great property to your current portfolio. These homes qualify for Pinnacle100 program for owner occupants too. Great program offering low to no down payments for qualified buyers through Pinnacle bank.
Home Details
Home Type
- Single Family
Year Built
- Built in 2025 | Under Construction
Lot Details
- 5,663 Sq Ft Lot
- Lot Dimensions are 64x99
- Few Trees
Parking
- Driveway
Home Design
- Slab Foundation
- Composition Shingle Roof
Interior Spaces
- 1,400-1,599 Sq Ft Home
- 1-Story Property
- Smooth Ceilings
- Some Wood Windows
- Double Pane Windows
- Combination Kitchen and Dining Room
- Laundry Room
Kitchen
- Oven or Range
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Outdoor Features
- Patio
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- Ridgegrove Re A Subdivision
Listing and Financial Details
- Assessor Parcel Number 071057 00002
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | -- | -- | -- | -- |
| 2022 | $76 | $1,250 | $1,250 | $0 |
| 2021 | $77 | $1,250 | $1,250 | $0 |
| 2020 | $91 | $1,250 | $1,250 | $0 |
| 2019 | $91 | $1,250 | $1,250 | $0 |
| 2018 | $91 | $1,250 | $1,250 | $0 |
| 2017 | $51 | $1,250 | $1,250 | $0 |
| 2016 | $55 | $1,250 | $0 | $0 |
| 2014 | $55 | $1,250 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/02/2025 04/02/25 | Price Changed | $170,000 | +3.0% | $121 / Sq Ft |
| 04/01/2025 04/01/25 | For Sale | $165,000 | -- | $118 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $5,000 | None Listed On Document | |
| Quit Claim Deed | $101 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Corporate Deed | $4,000 | Associates Closing & Title | |
| Quit Claim Deed | -- | None Available | |
| Trustee Deed | $20,000 | None Available | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $40,000 | -- | |
| Warranty Deed | $8,369 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $42,500 | Unknown | |
| Previous Owner | $32,250 | No Value Available | |
| Closed | $10,000 | No Value Available |
Source: Public Records
Similar Homes in Memphis, TN
Source: Memphis Area Association of REALTORS®
MLS Number: 10193276
APN: 07-1057-0-0002
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